BEIJING (Asian Metal) 15 Sep 23 – Due to the soft demand and dropping prices in Asian production area, European ferrovanadium 80%min market mentality kept negative during the past week and suppliers actively declined their prices to promote sale. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD29.5-30/kg V in warehouse Rotterdam, down by USD1.1/kg V from late last week. Considering that most buyers prefer to send inquiries to Asian market now, insiders expect that the mainstream prices of European ferrovanadium 80%min would move down further in the coming week.
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